Monthly Archives: <span>September 2010</span>

3 Win Progressive Insurance X-Prize for Fuel Efficient Vehicles

An ultralight, gas-powered car that can get 102 miles per gallon is among the winners of the $10 million Automotive X Prize, a contest to develop highly efficient, production-ready vehicles. While it’s not likely to go on sale in its …

Michigan Considers Repeal of New Drivers’ Fees

The Michigan House this week took a step toward repealing parts of a law that imposes extra fees on drivers for certain traffic offenses. A four-bill package to partially repeal the state’s driver responsibility fee program starting in 2012 unanimously …

Florida Workers’ Comp Law Shields Disney World, SeaWorld from Suits

They are two of Central Florida’s biggest and best-known employers — and both face the prospect of potentially ugly lawsuits stemming from a worker’s death on the job. And yet Walt Disney World, which is being sued by the mother …

Warren Vows to End Financial ‘Tricks and Traps’ with New Consumer Agency

Wall Street critic Elizabeth Warren said Friday she accepted the job of setting up a consumer financial protection agency for U.S. President Barack Obama and declared that the time for financial “tricks and traps” was over. Obama was expected to …

BP, Partners Say Most Oil Victims Should Not Be Allowed to Sue Yet

BP Plc and its partners in the blown-out Gulf well said on Monday that thousands of fishermen, seafood processors, restaurants, hotel owners and others may not yet have the right to sue over the spill, according to court papers. BP …

Judge Urges BP Oil Disaster Litigants to Settle, Avoid Trial

The U.S. judge overseeing the hundreds lawsuits filed by shrimpers, restaurateurs and others against BP Plc and its partners as a result of the Gulf of Mexico oil spill urged the parties on Thursday to consider an agreement to avoid …

U.S. Group Health Premiums Rose 3% in 2009; Individual Up 15%

U.S. health insurers took in 7 percent more revenue from premiums from individual, group and other policies in 2009 than in the previous year, even as the number of those people with coverage fell, according to a report released on …

Employers Names Morton VP of Sales, Hedglin VP of Business Development

Reno, Nev.-based Employers announced that David Morton has been promoted to vice president of sales, strategic partnerships and alliances, and Stephen Hedglin has been promoted to vice president of business development for strategic partnerships and alliances. In his new role, …

Washington Workers’ Comp Rate Proposal Delayed

Washington’s Department of Labor & Industries (L&I) announced that it will propose workers’ compensation rates for 2011 in November after the results of the fall election and the outcome of Initiative 1082 — instead of making its traditional rate recommendation …

Leavitt Opens RV Park, Campground Program to Outside Agents

Leavitt Recreation & Hospitality Insurance (LRHI) announced that its RV park and campground program is now available on a general agency basis. LRHI offers a program through Fireman’s Fund Insurance Co. and Penn America, both rated “A” with industry ratings …